Germany maintained the largest share of bioenergy consumption in the chemical and petrochemical sectors in 2023, though with modest growth. The Netherlands and Sweden emerged with notably substantial increases in consumption, indicating a strong upward momentum. Noteworthy ascents were also recorded in Norway and Denmark, while Serbia exhibited the highest relative year-on-year growth. Conversely, Italy and Greece faced declines, aligning with broader regional energy challenges. The calculated CAGR over the past five years confirms a positive overall trend across most European nations, driven by increasing bioenergy adoption aligned with sustainability initiatives.
Future trends to watch include continued technological improvements and policy shifts towards sustainability, particularly in countries like Sweden and the Netherlands, which could accelerate their bioenergy consumption. Furthermore, regional collaborations and investments in bioenergy infrastructure may enhance growth, fostering a more cohesive European approach to renewable energy utilization in chemical and petrochemical sectors.
Top countries in Bioenergy Final Consumption in Chemical and Petrochemical Sectors Share by Country (Terajoules)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 22.58 | 2023 | +2.46% | +2.31% | View data |
2 | 2 Netherlands | 14.57 | 2023 | +15% | +21.62% | View data |
3 | 3 France | 13.34 | 2023 | +3.91% | +5.76% | View data |
4 | 4 United Kingdom | 6.44 | 2023 | +4.76% | +6.45% | View data |
5 | 5 Finland | 5.68 | 2023 | +5.51% | +4.13% | View data |
6 | 6 Italy | 4.97 | 2023 | +2.25% | -3.77% | View data |
7 | 7 Lithuania | 4.82 | 2023 | +14.58% | +5.49% | View data |
8 | 8 Sweden | 4.35 | 2023 | +10.24% | +35.76% | View data |
9 | 9 Norway | 4.22 | 2023 | +9.2% | +27.65% | View data |
10 | 10 Austria | 2.89 | 2023 | +4.81% | +2.55% | View data |